An Internal Audit is designed to review what a company is doing in order to identify potential threats to the organization's health & profitability and to make suggestion for mitigating the risk associated with those threats in order to minimize the costs.
It helps an organization accomplish its objectives by bringing a systematic & disciplined approach to evaluate and improve the effectiveness of risk management, control and management. Internal audit plays a pivotal role in improving an organization's effectiveness and efficiency by providing reasons for deviations from the laid down internal control procedures & effective measures to overcome them. The scope of internal auditing within an organization is broad and may involve areas such as the efficacy of operations, the reliability of financial reporting, detecting and investigating fraud, safeguarding assets, optimum utilization of the organization's resources and compliance with laws and regulations.
JSG & Co. has catered to a number of clients from different sectors over the period of time by helping them in strengthening existence, operation & adherence to their internal control system & bringing about an all-round development. It has been our firm belief that a substantial cost cutting can be affected by ensuring a regular and periodic internal audit.